Bulls vs Bears
Click to unlock major analysts' bullish and bearish positions by joining Benzinga Edge.
Click to unlock major analysts' bullish and bearish positions by joining Benzinga Edge.
Brookfield Renewable Partners LP has a consensus price target of $33.75 based on the ratings of 11 analysts. The high is $41.5 issued by Credit Suisse on June 15, 2023. The low is $29 issued by JP Morgan on October 17, 2024. The 3 most-recent analyst ratings were released by CIBC, JP Morgan, and RBC Capital on October 22, 2024, October 17, 2024, and October 9, 2024, respectively. With an average price target of $31.33 between CIBC, JP Morgan, and RBC Capital, there's an implied 21.64% upside for Brookfield Renewable Partners LP from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Brookfield Renewable (NYSE:BEP) was reported by CIBC on October 22, 2024. The analyst firm set a price target for $34.00 expecting BEP to rise to within 12 months (a possible 35.08% upside). 10 analyst firms have reported ratings in the last year.
The latest analyst rating for Brookfield Renewable (NYSE:BEP) was provided by CIBC, and Brookfield Renewable maintained their outperformer rating.
The last upgrade for Brookfield Renewable Partners LP happened on September 30, 2024 when UBS raised their price target to $31. UBS previously had a neutral for Brookfield Renewable Partners LP.
The last downgrade for Brookfield Renewable Partners LP happened on February 12, 2024 when JP Morgan changed their price target from $36 to $28 for Brookfield Renewable Partners LP.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Brookfield Renewable, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Brookfield Renewable was filed on October 22, 2024 so you should expect the next rating to be made available sometime around October 22, 2025.
While ratings are subjective and will change, the latest Brookfield Renewable (BEP) rating was a maintained with a price target of $33.00 to $34.00. The current price Brookfield Renewable (BEP) is trading at is $25.17, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.